Tuesday, March 24, 2020

Real Estate?

Giovanni Malool: First try to find someone you know and trust. Whether they are a broker, agent or attorney. Just b/c they are one of these three does not automatically preclude them from being the right person for you. You need to feel comfortable with them. Keep in mind during all of this, that they are working for you. If they are not working but merely collecting a paycheck, find someone else. Everyone of the aforementioned people can and will make a significant amount of money if you choose to work with them. Further, most markets in the US have tilted towards the buyers side to some extent. This means you are now in the drivers seat. Everyone in the real estate industry needs buyers. Best of luck. Joe......Show more

Ramona Pago: To refuse home mortgages or home insurance to areas or neighborhoods deemed poor financial risks.Hope that has helped.Hi Slick, Good luck on your search for a house.Love, Rosa

Curtis Josef: Yep, redlining is a term for discrimina! tion as described in the other answers.However, just in case your question was related to something a bit less distasteful... the term "redlining" can also be applied to the process of making changes to a document. When one party makes changes to a contract proposed by the other party, the changes are shown as "redlined" changes to make them visible without having to check each word of the agreement for the differences....Show more

Ismael Sixon: Redlining is when real estate agencies and lenders refuse to give a loan or show houses to someone based on race or other prejudice because they believe they are too high risk, even though the buyer is qualified and credit worthy. They simply will not sell to that buyer in that area. They believe it will lower the market value of the neighborhood. The practice of redlining is not heard of very often because it has become quite uncommon.

Isreal Kochheiser: here's the exact definition of redlining . Redlining is against! the law. It is a discriminatory practice, involving lenders w! hich refuse to lend money or extend credit to borrowers in certain "struggling" areas of town. It is against the law to discriminate against borrowers based on race or income level, among other factors. Redlining became known as such because lenders would draw a red line around a neighborhood on a map, often targeting areas with a high concentration of minorities, and then refusing to lend in those areas because they considered the risk too high. Even though it is now against the law, some lenders today are still accused of redlining.You can read everything about real estate http://en.wikipedia.org/wiki/Redliningwww.forallhouses.info...Show more

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